Jiangnan Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has started building a new wharf to facilitate the construction of large-scale LNG carriers. According to a statement by CSSC, Jiangnan Shipbuilding held a groundbreaking ceremony on 10 August for this wharf project
Suiso Frontier, the world’s first liquefied hydrogen carrier built by Kawasaki Heavy Industries (KHI), is scheduled to arrive at the Sultan Qaboos Port in Muscat, Oman, today (14 August). According to local media reports, the ship departed Abu Dhabi and is heading to Muscat for its first visit to th
Oman LNG has signed a binding term-sheet agreement with German Securing Energy for Europe (SEFE) to supply 0.4 million metric tons per annum (mtpa) of LNG starting from 2026. According to a report from the Omani state news agency, the agreement, based on a 4-year contract, aims to enhance the partne
The successful completion of the oil transfer operation from the FSO Safer marks a significant milestone in averting a potential environmental and humanitarian catastrophe in the Red Sea. However, the mission is far from over, as the next crucial steps involve making a decision that would ensure the
Philippine-based company ACEN has outlined plans to develop approximately 1GW of floating solar plant capacity on Laguna Lake, the largest freshwater lake in the Philippines.
Fugro has carried out what is said to be the first-ever remotely operated subsea inspection using an uncrewed surface vessel (USV) in the Middle East. Having commissioned the region’s first-ever government-licensed USV in early 2023, Fugro has now carried out its first USV operation for a client in
Australian electrolyser company Hysata has inaugurated its new 8,000 sqm global headquarters and electrolyser manufacturing facility in Port Kembla, marking a milestone in the company’s journey and paving the way for the commercialization of its high-efficiency electrolyser. The Australian Governmen
Tankers took the lead in the demolition market, comprising approximately 43% of all scrapped cargo vessels in 2022, according to insights from VesselsValue. Despite this dominance, the number of tankers scrapped actually decreased by 55% YoY, dropping from 123 in 2021 to 55 in 2022. In comparison, t
Portsmouth International Port has completed the installation of its new solar and battery system which is now fully operational. The system is comprised of 2,660 solar panels, providing an impressive 35% of the site’s electricity, enabling the port to move one step closer to becoming one of the UK’s
Energy major Enagás has announced that the El Musel LNG terminal in Gijón, Spain, has received power major Endesa’s first vessel, the 180,000 m3 capacity Gaslog Warsaw, following the final technical tests required before the plant’s commercial commissioning. According to Enagás, on 31 July, followin
The Danish Energy Agency has postponed the second tender round for the award of offshore CO2 storage licenses in the North Sea. The tender was set to open on 15 August according to the executive order on CO2 storage license tenders. In line with the Agreement on the framework for CO2 storage in Denm
South Korea’s shipbuilding prowess has once again taken the spotlight as it recaptured the top spot in global shipbuilding orders after a five-month hiatus. South Korean shipyards secured 44 percent of the global total of 3.33 million compensated gross tons (CGTs), accounting for orders totaling 1.4
Dry bulk owner and operator Norvic Shipping welcomed into the fleet an energy-efficient Ultramax vessel Norvic Copenhagen from Imabari Shipyard during a recent handover ceremony in Japan. The vessel was taken on charter from Japanese shipowner Fujimaru Kaiun earlier this year as the organization con
OX2 and Finland’s Ålandsbanken Fondbolag have completed underwater nature field surveys of two of its Noatun offshore wind projects near Åland in the Baltic Sea. The project team said it has used innovative methods to explore the underwater environment where the Noatun Norra (Noatun North) and Noatu
